HeidelbergCement AG (HEI) PT Set at €91.00 by J P Morgan Chase & Co
HeidelbergCement AG (ETR:HEI) has been given a €91.00 ($103.41) price target by equities research analysts at J P Morgan Chase & Co in a research note issued to investors on Monday. The brokerage presently has a “neutral” rating on the basic materials company’s stock.
A number of other research firms have also recently weighed in on HEI. UBS AG set a €88.00 ($100.00) price objective on shares of HeidelbergCement AG and gave the stock a “neutral” rating in a research report on Wednesday, May 10th. Kepler Capital Markets set a €86.00 ($97.73) price objective on shares of HeidelbergCement AG and gave the stock a “neutral” rating in a research report on Thursday. Societe Generale set a €87.00 ($98.86) price objective on shares of HeidelbergCement AG and gave the stock a “neutral” rating in a research report on Saturday, May 20th. Berenberg Bank set a €99.00 ($112.50) price objective on shares of HeidelbergCement AG and gave the stock a “buy” rating in a research report on Thursday. Finally, Commerzbank Ag set a €80.00 ($90.91) price target on shares of HeidelbergCement AG and gave the company a “sell” rating in a research report on Saturday, May 20th. Four analysts have rated the stock with a sell rating, eight have issued a hold rating and ten have assigned a buy rating to the stock. The company has an average rating of “Hold” and a consensus target price of €94.09 ($106.92).
Shares of HeidelbergCement AG (ETR:HEI) traded up 0.812% during midday trading on Monday, hitting €86.649. The stock had a trading volume of 96 shares. The stock has a market cap of €17.19 billion and a PE ratio of 23.949. The firm has a 50 day moving average price of €84.54 and a 200-day moving average price of €86.90. HeidelbergCement AG has a 52-week low of €65.23 and a 52-week high of €94.42.
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HeidelbergCement AG Company Profile
Heidelbergcement AG is a Germany-based building materials company. Its products are used for the construction of houses, infrastructure and commercial and industrial facilities. The Company operates through for segments: Cements, Aggregates, Ready-Mixed Concrete-Asphalt and Service- Joint Ventures – Other.
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